GRID – Generating Reliable Informed Decisions
“Knowledge is power.”
Whether you generate, consume, or broker energy, or consult those who do, having as much accurate and timely information as possible about the market will have a profound effect on your organization’s success or failure. Through our market information service “GRID” we provide the most comprehensive source of information on the Texas power and natural gas markets found anywhere. We are the only company providing complete, unbiased monthly energy and ancillary forward curves to 2020. Phase 2 currently in development will bring the addition of real-time ERCOT grid information; historical MCPEs, MCPCs and heat rates; and retail pricing models. All of the data is available online in real time and can be downloaded into Microsoft Excel.
GRID is tailored to meet the variety of needs of retail electric providers, municipals, electric cooperatives, large commercial and industrial loads, developers, hedge funds, aggregators, brokers and consultants.
Our comprehensive backgrounds in trading, generation management, retail, structuring, banking, finance and economics give us a unique view into the market that informs our forward price curves and market commentary. Not only do we see active trading in the broker and ICE markets, but we also have knowledge of non-brokered deal flow. Through our daily market commentary and interaction with our staff, you will receive market moving knowledge regarding the impact of legislation, upcoming weather patterns, generation development, economic indicators, fundamentals of supply and demand, and technical indicators.
KEY BENEFITS FOR MARKET PARTICIPANTS
Developers & Hedge Funds
GRID provides forward curves updated in real time, giving developers the ability to track project valuations in various regions of the state. Funds can monitor spark spreads, risk capital, and volatility to prepare for the introduction of financial markets within the new nodal market design.
Wholesale Market Participants
GRID provides not only live forward pricing, but Phase II will also provide a user friendly charting program to analyze historical commodity prices, historical forwards and derivative data sets. With any OTC market, a centralized market place is always absent. GRID is unique and unbiased, giving decision makers the ability to act quickly to capture market opportunities.
Wholesale Brokers
GRID will deliver unbiased data, creating a foundation for debate amongst traders that in turn translates into additional trading activity. Both retail and wholesale brokers will be empowered to upgrade to a higher level of market transparency that can be used in customer delivery, thus generating incremental business flow.
Retail Electric Providers & Retail Brokers
GRID is designed to bridge the gap between wholesale markets and retail pricing systems. It provides the granularity demanded to accurately price and hedge load. Phase II of GRID will provide the tools necessary to accurately look at retail pricing including energy, ancillary services, volatility and load price correlation.
Consumers
GRID is a single, central source for large commercial and industrial loads to receive daily market commentary and forward power and natural gas price curves. Purchasing managers will have the information needed in real time to project future power costs and look for opportunities to lock in forward dated contracts
DEVELOPMENT PHASES
Phase I:
Live Forward Heat Rate and Fixed Price Power Curves (Balance of Year – 2020)
Live Forward Ancillary Curves (Balance of Year – 2020)
Live Henry Hub gas curve (Balance of Year – 2020)
Live Houston Ship Channel and Waha basis curves (Balance of Year – 2020)
Daily Market Commentary
Phase II:
Historical MCPE (Henry Hub heat rates and fixed price)
Historical Forwards by zone with charting functions
Historical Load by zone and total ERCOT
Real Time ERCOT market information including MCPE, forecast vs. actual load, transmission line flows and wind output
Retail modeling including estimated costs for various customer type
Forward volatilities and correlations including recent transactions
For additional information and to subscribe to this service, please contact Jonathan Hargrove at (832) 239-5152 or jonathan.hargrove@mp2energy.com